![]() ![]() By that time, investors hope Netflix is an inexpungible staple in people's homes, much like cable TV has been for the last four decades.Įarly evidence suggests Netflix is on the right track. But Wall Street is counting on consistent price increases as customer growth wanes. The video streamer has largely been able to avoid significant price hikes because it has consistently added subscribers, giving investors a clear growth story. Netflix's last price increase was January 2019. It's why Netflix has a market valuation of $218 billion on just $2.8 billion of net income in the last 12 months. The company's decision to raise its standard plan by $1 per month, from $12.99 to $13.99, and its premium plan by $2 per month, from $15.99 to $17.99, is an essential part of Netflix's long-term strategy. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Existing subscribers will see the price hikes on their bills in the coming weeks.Best Debt Consolidation Loans for Bad Credit These new prices will apply to new subscriptions starting today. Premium (with 4K streaming): €19.99 per month (up from €17.99). ![]() ![]()
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